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VOL. 130 | NO. 101 | Monday, May 25, 2015

Statistics Point to Progress at Memphis International Airport

After years of flight losses resulting from Delta Air Lines’ decision to scale back its Memphis hub, the number of flights – especially those outside the Delta system – is growing and passengers are filling the seats.

EMPHASIS Health Care

Cutting-Edge Creations

2015 ZeroTo510 Medical Device Accelerator now underway

Over a selection of beverages and light hors d’oeuvres at a recent gathering, a group of entrepreneurs and startup teams held court at the Memphis Bioworks Foundation for a networking session, introduced themselves to the community and got a general welcome to Memphis.

UTHSC Research Assistant Wins Alzheimer’s Study Grant

Sarah Neuner is interested in Alzheimer’s disease – including its causes and genes that influence a person’s likelihood of developing it – for both professional and personal reasons.

Future Methodist CEO Michael Ugwueke Fueled by Health Care Passion

Growing up in war-torn Nigeria helped Michael Ugwueke decide early on that health care would be his eventual profession.

Local Weather
Today
Memphis, TN
73°F
Light Rain with Thunder
Wind: 20 mph
Humidity: 78%

EVENTS

Memphis Botanic Garden will continue the 2015 Vine to Wine tasting series with “Ooh, La La! French Wines” Tuesday, May 26, from 6 p.m. to 8 p.m. at MBG, 750 Cherry Road. Each event features eight wines or cocktails and light hors d’oeuvres. Tickets are $25 for members or $35 for nonmembers. Visit memphisbotanicgarden.com.

more events »

Stanton Nominated to Memphis Federal Court

President Barack Obama has nominated U.S. Attorney Edward Stanton III to be a federal judge for the U.S. District Court for the Western District of Tennessee.

Impasse Season Meets Budget Season at City Hall

When the Memphis City Council’s three-member impasse committee approved a 3 percent pay raise for Memphis police officers Thursday, May 21, it spoke volumes about the budget season at City Hall.

I Choose Memphis: Kristin M. Walker

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.

SMALL BUSINESS

Absolute Recovery Services Enjoys Solid Growth in Short Time

Jason Burnett has worked his way through several different collections firms specializing in everything from retail to bank to medical debt.

LOCAL COLUMNISTS

Job Search Advice: Care Enough to Prepare

So, you want a job? We’ve been on a hiring frenzy at the Studio. Sadly, the drudgery of the interview process has wasted too much time and energy.

Waiting for a Windfall

You’ve written the perfect proposal. You submitted it on time. Perhaps you carefully reviewed the guidelines and found that your organization is a perfect match for what the foundation is seeking to achieve through its grantmaking. Or maybe a program officer reached out and personally asked your organization to submit.

STATEWIDE

Tennessee Restarting Rebates for Electric Vehicles

NASHVILLE, Tenn. (AP) – The Tennessee Department of Environment and Conservation is restarting a rebate program for electric car buyers.

Tennessee Not Far From 90 Percent High School Graduation Goal

NASHVILLE, Tenn. (AP) – Tennessee is coming close to reaching the national goal of a 90 percent high school graduation rate by 2020.

Automotive Supplier Investing $13 Million to Build Pulaski Plant

NASHVILLE, Tenn. (AP) – An automotive supplier is investing more than $13 million to build a new manufacturing facility in Giles County that is expected to create 147 jobs.

NATIONAL BUSINESS

Wal-Mart's Push on Animal Welfare Hailed As Game Changer

NEW YORK (AP) – Wal-Mart's push to get its suppliers to give farm animals fewer antibiotics and more room to roam is expected to have a big impact on the food industry, experts say.

US Consumer Prices Ticking Up as Fed Weighs First Rate Hike

WASHINGTON (AP) – Core consumer prices outside of food and energy posted the biggest increase in April in more than a year, suggesting that an improving U.S. economy is finally starting to lift prices. That could prompt the Federal Reserve to start raising interest rates later this year.

Tobacco Firms Get Partial Win Over Claims on Smoking Effects

WASHINGTON (AP) – America's largest tobacco companies must inform consumers that cigarettes were designed to increase addiction, but not that they lied to the public about the dangers of smoking, a federal appeals court ruled on Friday.

NATIONAL GOVERNMENT

Yellen: 1st Rate Hike Likely By Year End If Economy Improves

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year – if the job market improves and the Fed is confident inflation will climb closer toward its target rate.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 74 437 6,772
MORTGAGES 122 557 9,280
FORECLOSURE NOTICES 25 129 1,990
BUILDING PERMITS 236 716 15,738
BANKRUPTCIES 56 309 6,059
BUSINESS LICENSES 17 104 2,598
UTILITY CONNECTIONS 76 499 8,469
MARRIAGE LICENSES 31 138 1,997

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